International Responsible Business Conduct (IRBC) has completed a project examining aluminium and bauxite supply chains to improve transparency and traceability in materials supporting the renewable energy transition. The project brought together wind energy company Siemens Gamesa, Dutch cable manufacturer TKF, Digital Product Passport (DPP) technology provider Minespider, and project partner Responsible Trade. The initiative mapped selected upstream aluminium and bauxite supply chains and tested secure DPPs to organise and present traceability and sustainability information across multiple supplier tiers. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...
Mount Ridley Mines has reported 94.9 per cent gallium recovery from a third-party bauxite sample using its patent-pending Selectro process, alongside recoveries of 92 per cent aluminium and 97 per cent iron in a single low-temperature leach. The test also produced a silica-rich residue instead of conventional red mud, highlighting the technology’s potential to recover multiple metals from bauxite through one processing route. The sample was provided by Australian Silica Quartz Group from its Darling Range bauxite project in Western Australia. It comprised material collected from 16 vacuum drill samples across four holes at the Athena and Ceres prospects. Containing 80 parts per million of gallium, the sample yielded an extraction rate of 94.9 per cent into solution. Mount Ridley said this...
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Concord Resources Limited (Concord) has acquired an equity position in New Day Aluminium Holdings LLC, the parent company of Noranda Bauxite and Alumina, according to news reported by Jamaica Observer. Concord is a global resources merchant focused on the supply chain and risk management of nonferrous metals and associated raw materials. It is incorporated in the United Kingdom, and headquartered in London. “We have been working closely as a marketing partner with New Day from very early on, and are pleased to be able to acquire an equity position in the company. We view this strategic investment as a terrific opportunity to expand our partnership with a proven management team executing a strategy we are pleased to be supporting to add value,'' Mark Hansen said. Concord's CEO Mark Hansen...
Rio Tinto’s Gove Operations has reportedly bagged a prestigious recognition for being a world-class bauxite producer in the global aluminium industry at the 2018 Chief Minister’s Northern Territory Export and Industry Awards. Rio’s Gove Operations, located on the Gove Peninsula in North East Arnhem Land in the Northern Territory, had begun bauxite mining in 1970 with supply exported both domestically and overseas. It is situated on extensive deposits of high-grade bauxite, a burnished red ore with high aluminium oxide content. Reportedly in the recent time, Gove has increased its production shifting its business focus to disciplined capital spend and low-cost delivery. In May this year, Rio Tinto had also become a primary customer and exporter of the first bauxite from the nearby Gulkula...
As per the report on September 24, production at the New Day Aluminium Limited bauxite plant was put on hold, as almost 200 hourly-paid workers went on strike for approximately four hours. The enraged workers reported that they had no choice but to protest because of the consistent delays in renewing their contracts. They claimed that they had been working for past three years without a contract and without several benefits that they should be entitled to. “The workers reach a stage where enough is enough. We are waiting too long, nearly three years of expired contract and nothing can be done. Enough is enough,” said Alfred Hemmings, University and Allied Workers Union (UAWU) Senior Union Delegate representing approximately 180 employees. Hemmings further intimidated that a meeting was...
China was the largest importer of Indonesian bauxite in 2017. Around 12,94,112 tonnes of bauxite was shipped from Indonesia to China last year. Indonesia’s export of bauxite to China is estimated to drop in 2018. Total export is estimated to be around 853317 tonnes. Indonesian government has temporarily revoked nickel ore and bauxite export permits of four mining companies.The government cited zero progress in smelter development by those miners as the ground for revoking the licence, according to a Reuters report. The government revoked permit for PT Lobindo Nusa Persada which was permitted to export 1.5 million tonnes of bauxite annually. According to recent estimates, Indonesia exported 3, 60,571 tonnes of bauxite in the half of 2018. In the second half of the year, the volume is...
Metro Mining has shipped one million tonnes of bauxite from its Bauxite Hills Mine north of Weipa since mining operations commenced. The millionth tonne of bauxite was loaded aboard the bulk carrier ISA OLDENDORFF as part of a 60,000 tonne shipment bound for Metro’s foundation customer Xinfa Group. Source:Metro Mining Metro’s Managing Director Simon Finnis said sales have been made to five different Chinese customers and seventeen shipments have sailed since operations began. Mining operations commenced at the Bauxite Hills Mine on 13 April, 2018. “We have sold our total planned production for this year and currently have around 90% of next year’s production also covered,” Mr Finnis said. “We are seeing particularly strong demand for our bauxite from refineries located in inland Chinese...
China Customs data reveals that increased bauxite exports by Guinea to China after the rainy season has rebounded China’s bauxite imports in August. As per the data, China imported 7.89 million tonnes of bauxite in August, 8.4 per cent up from 7.28 million tonnes in July. China Customs data found that higher demand from Yunnan provinces has also accounted for the rebound. In contrast to August 2018, China’s bauxite import in the same period last year was at 6.24 million tonnes, which means the import volume increased 20.9 per cent year-on-year last month. This brought the total bauxite import volume to 57.47 million tonnes in China during the first eight months of 2018, up 28.5 per cent from 41.1 million tonnes in the contemporary period of the previous year. China’s bauxite import from...
Metminco Limited has announced it has entered into a binding agreement to acquire 100% of shares of Sunshine Metals Ltd. Sunshine Metals holds 80% of the Jejevo Nickel Project on Santa Isabel Island and an 80% interest in an early stage bauxite prospect — the Tausere bauxite Project, on the Choiseul Island, which are located at different parts of the Solomon Islands. MNC proposes to acquire all existing share capital in Sunshine Minerals and complete an accompanying capital raising to advance MNC’s existing mining projects. Executive Chairperson Kevin Wilson commented: “The acquisition of the Jejevo Nickel Project, gives Metminco exposure to nickel at a time when rising battery manufacture is expected to accelerate demand for the metal. “We will commence advancing Jejevo as soon as the...
According to the international export-import statistics, bauxite export from Solomon Islands is estimated to stand at 1.9 million tonnes in 2018, up 19 per cent YoY. The country has a great potential of bauxite. China is the largest bauxite market for the country. On a quarterly basis, Solomon Islands exported an estimated 383381 tonnes of bauxite in the first quarter of 2018. In the second quarter, the country exported 446473 tonnes, an increase of 63091 tonnes of bauxite. The country is estimated to witness quarter on quarter increase in export of bauxite. The total bauxite export is expected to reach 509565 tonnes and 572656 tonnes in the second third and fourth quarter of 2018 respectively. According to recent estimates, the total export revenue from the export stood at USD 8605 in...
Jamaica’s Minister of Transport and Mining Hon. Robert Montague defended the bauxite mining deal that Jamaican Government signed with New Day Aluminium at the parliament. He said that when New Day/ DaDa Holdings, LLC (New Day) acquired 49% stake in the Noranda Jamaica Bauxite Partnership in Jamaica two years back, the then government entered into an agreement with New Day to protect the interest of the Government and people of Jamaica after considering all options for the parties involved. This saved over 300 jobs and all dues were paid to workers. This prevented any disruption of Noranda Bauxite operations. He said that in October 2016, a Letter of Intent was signed between the GOJ and New Day Holdings but signing of other following documents were delayed and extended beyond November 30,...
Metallica Minerals and Melior Resources on Thursday, September 13, announced that they signed an agreement together to create a diversified Queensland mining company with the aim to boost near-term production potential and the future growth opportunities. Metallica Minerals Ltd. is an Australian bauxite developer with assets based in Queensland and Melior Resources Inc. engages in the exploration and development of mineral properties in Australia. Their merge will combine mineral sands and bauxite assets, which the companies say share similar project features and will benefit from favourable commodity price outlooks. The merged entity will reportedly own 50 per cent of the Cape York heavy mineral sands, the Urquhart Point heavy mineral sands (HMS) project, and bauxite project joint...
Australian Bauxite Limited (ABx) has announced the company’s half yearly report on September 12, noting each of its activities during the period. The most notable one is its incorporation of ALCORE Limited as a wholly owned subsidiary to fund and manage the ALCORE project of developing aluminium fluoride and valuable co-products producing plant, using advanced technologies. The project primarily intends to refine raw bauxite, with a market price of US$ 50, into high-value products worth more than US$ 800 per tonne. Stage 1 of the project started on July 1. Funding is in place to complete Stage 1, scheduled to take 3 months from 1 July for final design, 1 month for final permitting, followed by 3 months construction and up to 5 months of production. ABx believes that on completing the...
According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2018 , imports of crude and dried bauxite by the U.S. in Q2 2018 were 917,000 tonnes, 41% more than the volume of 651,000 tonnes in the first quarter of 2018. On a YoY basis, import of bauxite is up 13% from the volume imported in Q2 2017 and 35% less than those in Q2 2016. {newsStudioGallery} When we look at the graph we, see that the imports of crude and dried bauxite by the U.S. have been on a downward trend since the second quarter of 2016. After reaching the lowest in the second quarter of 2017, the import increased in the third quarter of 2017. Though it fell for the next consecutive quarters, the second quarter of 2018 registers a significant rise in the import. Crude and dried bauxite imports in 2017...
On September 11, 2018, Viet Phuong Group (VPG) of Vietnam reportedly inked a contract with the Lao Government for exploiting and processing bauxite ore and building an alumina factory in Sekong province of Laos, in presence of VPG General Director Phuong Minh Hue. Hue thanked the authorities of Laos and Sekong for supporting her firm over the last 10 years to carry out the agreement on bauxite exploration inked with the Lao Government. This upcoming project will be Vietnam’s biggest investment assignment of about US$ 650 million in the mining industry of Laos so far. Located in Dakcheung district of Sekong, this project will cover nearly 100 square kilometres of land. It is part of the roadmap for implementing the agreement on economic, cultural, and scientific-technical cooperation...
Water, Land and Natural Resources Minister Dr Xavier Jayakumar said in a statement on September 10, 2018 that the Pahang government will not issue export licenses to any firms that violate the moratorium period. He said the ministry had been informed illegal bauxite mining activities were taking place despite the moratorium. The moratorium on bauxite mining activities in Pahang has been extended several times since 2016, and it is now set to expire on December 31. "As the enforcement aspect of illegal mining is under the state government's jurisdiction, the ministry will work with the Pahang government in addressing the issue and will take firm action by not issuing export licenses to any parties that do not comply with the moratorium," he said. "If the mining is on own land, additional...
On Thursday, September 6, Jamaica Government signed a new mining agreements with New Day Aluminium (Jamaica) Limited, which is affiliated to Dada Holdings LLC and acquired Noranda's stake in the St Ann Bauxite Limited in 2016. The agreement secures protection of the Cockpit Country and thousands of jobs while increasing revenue for the country. Minister of Transport and Mining Robert Montague said during the signing ceremony that the agreements specifies steps to be taken to ensure the Cockpit Country will not be negatively impacted by mining activities. "The operations will proceed in order to ensure that the natural environment is properly managed for sustainability. We have taken steps to guarantee that the Cockpit Country is protected, even as we seek to exploit its natural resources...
The government has agreed to issue temporary approved permits (APs) to the relevant firms to export and clear the remaining stockpile of the ore located in Pahang. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the decision came after talks between the ministry and the Pahang Menteri Besar on the future direction of bauxite mining and export in the state. "Once the government revokes the moratorium, all parties including the miners who have been given the APs will be required to sign a charter to fulfil all terms and conditions that will be stipulated later, which will ensure that the bauxite mining industry in Pahang will continue to be sustainable," Xavier said in a statement today. Apart from the engagement with the state's top officials, Xavier said his...
After managing to run 2 million tonnes per annum refinery for past 10 years with bauxite sourced from several parts of the state and abroad, the aluminium major The Vedanta Limited for the very first time received the raw material from OMC’s Kodingamali mines recently, reported Vedanta’s external affairs head Sanjeev Kumar to PTI. According to the report, The Vedanta is now optimistic about the completion of its Lanjigarh refinery expansion project on receiving bauxite from the state-owned Odisha Mining Corporation. The refinery was importing bauxite from countries like Brazil and Guinea and states like Andhra Pradesh and Gujarat, said Mr. Kumar added to it that due to the shortage of raw material supply, the refinery could utilise 1.2 million tonnes of capacity every year out of 2...
China’s bauxite imports found decreased in July by China Customs from a month ago as rainy season lowered the supply from Guinea. {newsStudioGallery} Data showed China imported a total volume of 7,280,000 tonnes of bauxite in July, compared to 7,440,160 tonnes in June. This means the volume dropped 2.2 per cent month-on-month but grew 18.2 per cent year-on-year as the bauxite import volume in China had stood at 5,955,040 tonnes during the same period last year. In the first seven months of this year, China imported 49,580,000 tonnes of bauxite in total, up 29.8 per cent from 34,805,160 tonnes in the corresponding period last year. Guinea remained the top exporter of bauxite to China in July 2018. Out of 7,280,000 tonnes, it shipped 2,960,000 tonnes to China, accounting for 40.6 per cent...
